XAUUSD Technical Analysis 10.08.2023 1h chart

– Previous Daily candle closed Bearish at 1914.900 breaking below the Weekly Support formed around 1919 level.
– Buys on close above 1917.800 targeting 30min Resistance formed at 1923.100, Leaving Runners to the 15min Resistance formed at 1926.300.
– Sells on close below 1911.000 targeting 4h Support formed at 1906.300, Leaving Runners to the next 4h Support formed at 1901.300.
– High Impact News ahead of the New York session for the US Dollar, starting with CPI news monthly and yearly, Core CPI m/m, Unemployment Claims. followed by the FOMC Member Harker speech about employment at an online event hosted by Federal Reserve, High Volatility expected during the session.